Q Name the four main parts of the income statement based on the Uniform System of Accounts for Restaurants (USAR) and define each. 1. Match the following terms with the appropriate definitions. 2. Test Your Skills #5 From Text Laurie Llamos manages a Mexican restaurant in a rural Texas town. She wants to develop a comparative (horizontal) income statement so that she can compare the differences in her revenues, expenses, and profits from this year to last year. Complete the following comparative income statement (Dopson). 1. Laurie’s goal was to increase her total sales by 15%. Did she achieve this goal? 2. One of Laurie’s plans to increase traffic into her restaurant and thus increase her sales was to hire a mariachi band to play at regular intervals during the meal service. This affected her music and entertainment expense. What was the percentage of difference in music and entertainment expense? Do you think this had a positive or negative effect on sales? 3. Laurie also wanted to increase her net income by 10%. Did she achieve this goal? 3. Test Your Skills #2 From Text Nicole Englezakis manages a South African restaurant in a large southern city. The owner wants to know how well Nicole did this year at generating sales, controlling expenses, and providing a profit. Complete Nicole’s P&L below using vertical analysis (Dopson).